Singapore's DBS surges to record on higher margins, capital return plans
Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a dividend capital return plan, in line with a jump in fourth-quarter profit that met expectations.
Rather than the fervour over AI, DBS analysts believe investments with short-term trading purposes are key drivers for both ...
The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...
SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and ...
Derrick Goh will assume the newly created role of Group Chief Operating Officer; and Koh Kar Siong will take over as Group ...
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Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net ...
Wealth management saw net new money of $21B for the year, with $6B added in Q4, driven by disciplined client onboarding and product offerings. Gupta noted that the team has budgeted mid-teens growth ...
ANALYSTS have raised their target prices for DBS after the lender on Monday (Feb 10) posted full-year net profit that reached ...
The stock rose about 15% during the fourth quarter, taking gains for the year to more than 40%. Shares in DBS are trading near record levels, thanks to the lender's strong performance in recent ...
DBS also announced on Wednesday that group head of operations Jimmy Ng will retire from executive duties on Jul 1. “A strong ...
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